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Philadelphia Industrial Development calls some airport revenue bonds
By Marisa Wong
Madison, Wis., Oct. 29 - The Philadelphia Authority for Industrial Development said it will redeem a portion of its outstanding airport revenue bonds, series 1998A, on Nov. 15.
The bonds will be redeemed at par plus accrued interest up to the redemption date.
To be redeemed are the following bonds:
• $13.07 million of 5.25% bonds due July 1, 2012;
• $13.755 million of 5.375% bonds due July 1, 2013;
• $14.495 million of 5.375% bonds due July 1, 2014;
• $15.27 million of 5% bonds due July 1, 2015;
• $16.035 million of 5% bonds due July 1, 2016;
• $16.85 million of 5.3% bonds due July 1, 2017;
• $17.735 million of 5.3% bonds due July 1, 2018;
• $18.67 million of 5% bonds due July 1, 2019;
• $84.495 million of 5% bonds due July 1, 2023; and
• $74.9 million of 5.125% bonds due July 1, 2028.
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